International Business Assignments 1-5(A+ graded 100% verified latest update)

International Business Assignments 1-5(A+ graded 100% verified latest update)SWOT - Strengths and Weaknesses Opportunities and Threats Strengths and weaknesses - Internal value creating factors such as assets skills or resources a company has at its disposal relative to its competitors. They are measured using internal assessments or external benchmarking Opportunities and threats - External value creating or destroying factors a company cannot control. They emerge from either the competitive dynamics of the industry or market, or from demographic, economic, political, technical, social, legal, or cultural factors Examples of strengths - -specialized marketing expertise -exclusive access to natural resources -patents -new, innovative product or service -location of business -cost advantage through proprietary know-how -quality processes and procedures -strong brand or reputation Examples of weaknesses - -lack of marketing expertise -undifferentiated products and services (relative to competition) -location of business -competitors have superior access to distribution channels -poor quality of goods or services -damaged reputation Examples of opportunities - -developing markets (China, Brazil, India, Russia, the Internet) -mergers, joint ventures or strategic alliances -moving into new attractive market segments -a new international market -loosening of regulations -removal of internationals trade barriers -a market led by a weak competitor Examples of threats - -a new competitor in your home market -price war -competitor has a new, innovative substitute product or service -new regulations -increased trade barriers -taxation may be introduced on your product or service PEST - Political, economic, socio-cultural, technological -external part of OT (opportunities & threats) Examples of political - -ecological/environmental considerations -current legislation - home market -future legislation - home market - international legislation -regulatory bodies and processes -gov't policies -gov't term and change -trade policies -funding, grants, and initiatives -home market lobbying/pressure groups -international pressure groups -wars and conflicts Examples of economic - -home market saturation -home economy trends -overseas economies and trends -general tax issues -tax specific on products and services -seasonality/weather issues -market and trade cycles -specific industry factors -market routes and distribution trends -customer/end-user drivers -interest and exchange rates -international trade/monetary issues Examples of social - -lifestyle trends -demographics -consumer attitudes and opinions -media views -law changes affecting social factors -brand, company, technology image -consumer buying patterns -fashion and role models -major events and influences -buying access and trends -ethnic/religious factors -advertising and publicity -ethnical issues Examples of technological - -competing technology development -research fundings -associated/dependent technologies -replacement technology/solutions -maturity of technology -manufacturing maturity and capacity -information and communications -consumer buying mechanisms/technology -technology legislation -innovation potential -technology access, licensing, patents -intellectual property issues -global communications Tariff - a tax imposed on imported goods and services Identify the three tariff barriers - Compound tariff Specific tariffs Ad Valorem tariffs Compound tariff - include ad valorem and a specific rate this is computed by the value of the good and one fixed amount. For example, Ireland change .88 per liter of petroleum products plus 25 percent ad valorem Specific tariffs - a fixed fee